Black friday dealership deals???
Discussion
Romp said:
are good dealership deals expected for black Friday?
ive seen jct bmw are doing a 'pay what we paid' promo. for new and used bmws.
is this expected to be legit or made up?
Likely to be either offset by bonuses for hitting manufacturers targets if new, or smoke and mirrors if used.ive seen jct bmw are doing a 'pay what we paid' promo. for new and used bmws.
is this expected to be legit or made up?
Theres a Golf GTI at a local dealer group that i've been watching has been up for months @ £13,995. They'be a Black Friday "pay what we paid" promotion on and its £13,235. Cant help but feel theres "poetic licence" being used in there. Trade price on it would be around £11,000 ish, tops. So they're either lying or they employ the worlds s
ttest used car buyer.Yeah, I got that mail too. Not one single car on it I want (apart from the S500’s, and I can’t justify those @ £90k), and hundreds of smart cars showing up first has got to be a marketing mistake when you’re trying to tempt business from the Maserati/BMW/Mercedes crowd!
As to deals going, I wouldn’t bet on it - if you’ve not heard about it by now, chances are there’s nothing going to change for tomorrow.
As to deals going, I wouldn’t bet on it - if you’ve not heard about it by now, chances are there’s nothing going to change for tomorrow.
is it normal to try to negotiate aspects of a PCP, like the final payment value, interest rate (some bmw used cars are 10.9%)?
It really annoys me when they ask what your monthly payment budget is after given them all info of deposit and annual mileage. surely they can figure monthly values out with that info!!!
It really annoys me when they ask what your monthly payment budget is after given them all info of deposit and annual mileage. surely they can figure monthly values out with that info!!!
Pay what we paid sounds a good offer. Thames Alfa are looking for an additional £1....
Alfa Romeo 4C Coupe
Alfa Romeo 4C Coupe
JPJPJP said:
Remember also that they often pay generously for trade ins to reduce the size of the discount on a new car and jiggle about with vat
Thats not how it works.Say their car is listed at £20,000 and they give you £10,000 for yours.
If they paid £17,000 for theirs and they invoiced you at £20,000 for their car and £10,000 for yours they'd pay their VAT out of the £3,000 profit. So really they'd be getting £2,500 profit and paying the VAT man £500.
If they instead invoiced you at £18,000 and £8,000 respectively, the cost to change remains the same however they only pay VAT out of the £1,000 gross profit, so just £166 of VAT instead of £500.
They'll generally be buying your car in at trade book price, no matter what the headline figures look like
Romp said:
is it normal to try to negotiate aspects of a PCP, like the final payment value, interest rate (some bmw used cars are 10.9%)?
It really annoys me when they ask what your monthly payment budget is after given them all info of deposit and annual mileage. surely they can figure monthly values out with that info!!!
You cant generally negotiate the final payment value, its set by the finance company. You can influence it by tweaking the mileage up or down though.It really annoys me when they ask what your monthly payment budget is after given them all info of deposit and annual mileage. surely they can figure monthly values out with that info!!!
If they're using BMW finance then the rate will be set at 10.9% or whatever their prevailing advertised rate is. They may well, however be able to offer you a different product at a lesser rate.
eybic said:
Dealerships don't get cars as cheaply as most people think, they make the majority of their money from Finance and add ons, the cars have little profit in them
I’ve been told around 15% upfront discount in VW works for a dealer compared to listPlus back end rebates for volume and resigning existing customers as well as more rebates for VWFS sold cars
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